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The following General Fund information is available for the preparation of the financial statements for the City of Eastern Shores for the year ended September

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The following General Fund information is available for the preparation of the financial statements for the City of Eastern Shores for the year ended September 30, 2020: $27,023,000 13,321,000 1,329,000 1,726,000 2,371,000 659,000 Revenues: Property taxes Sales taxes Fees and fines Licenses and permits Intergovernmental Investment earnings Expenditures: Current: General government Public safety Public works Health and sanitation Culture and recreation Transfer to capital project fund Special item-proceeds from sale of land Fund balance, October 1, 2019 11,728,000 24,447,000 6,215,000 1,168,000 2,159,000 1,124,000 827,000 1,816,000 From the information given above, prepare a General Fund Statement of Revenues, Expenditures, and Changes in Fund Balances for the City of Eastern Shores General Fund for the year ended September 30, 2020. (Negative entries should be entered with a minus sign and will appear in parenthesis.) CITY OF EASTERN SHORES General Fund Statements of Revenues, Expenditures, and Changes in Fund Balance For the Year Ended September 30, 2020 Revenues: Property Taxes Sales Taxes $ 27,023,000 13,321,000 1,329,000 1,726,000 Fees and Fines Licenses and Permits Intergovernmental Revenues Investment Earnings 2,371,000 659,000 Total Revenues 46,429,000 Expenditures: Current: General Government 11,728,000 Public Safety Health and Sanitation 24,447,000 1,168,000 2,159,000 Culture and Recreation 39,502,000 Total Expenditures Excess of Revenues Over Expenditures Other Financing Sources (Uses): 6,927,000 Total Expenditures Excess of Revenues Over Expenditures Other Financing Sources (Uses): 39,502,000 6,927,000 Total Other Financing Sources (Uses) 0 6,927,000 Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year $ 6,927,000

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